Dow Jones Rises 111 Points: What's Behind Increase?

Skyrocketing home prices and encouraging news on manufacturing are behind the stock market jump.
0:50 | 03/27/13

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Transcript for Dow Jones Rises 111 Points: What's Behind Increase?
We turn out of the economy Wall Street begins the morning trading at yet another record high. And be -- ability here to explain why good morning to you -- -- a good morning G Josh the -- coming up at the best day in three weeks rising 111 points Tuesday. And -- headlines explained this new record first home prices they're skyrocketing. Rising at the fastest pace in more than six years since the housing bubble popped that's great for selling a home but the other headline is good news for manufacturing. Factory orders for big ticket items everything from Jumbo jets were -- generator surged in February. Josh what analysts summed it up saying and less something big comes along the -- this rally. And looks like the markets just had to keep on climbing higher one thing to watch however consumer confidence it took an unexpected dip last month. We'll be looking to see if Americans keep spending in the stores this month Josh what goes up must come down -- -- -- thank you for the.

This transcript has been automatically generated and may not be 100% accurate.

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